Has the Airbnb bubble burst?
July 8, 2025
Chinese Social Media Giant Weibo’s Share Plunges 7.2% in Hong Kong Market Debut
The shares of Weibo Corp. dropped in their Hong Kong debut, indicating continued investor concern towards the internet sector, according to a report by Bloomberg on Wednesday. Weibo plunged 7.2%...
Read moreTesla’s Musk Hits Planned Federal Spending for Electric Vehicle Industry
Tesla Chief Executive Officer Elon Musk has denounced a planned measure that encourages federal spending to boost the adoption of electric vehicles, WSJ reported. In a virtual briefing, Musk said...
Read moreCitigroup Chooses Preferred Bidders for More Than $3B in Asian Sales
Citigroup Inc. picks favorites for its consumer assets in Asia as the U.S. lender progress with plans to divest its numerous units, according to a report by Bloomberg on Tuesday....
Read moreNasdaq to Exceed Rival NYSE in IPOs This Year
Nasdaq Inc. is set to overtake its biggest competition New York Stock Exchange, in terms of initial public offerings this year, according to a Reuters report. Nasdaq has so far...
Read moreSaudi Aramco, BlackRock-Led Consortium Signs $15.5B Gas Pipeline Deal
Saudi Aramco agrees on a deal to sell a 49% stake in its natural gas pipeline unit to a group led by BlackRock $15.5B, according to a report by Seeking...
Read moreShares of Tesla Falls 3.13% on SEC Probe Over Whistleblower Claims on Solar Panel Defects
The U.S. Securities and Exchange Commission is investigating Tesla after a whistleblower complaint, according to a report by Seeking Alpha on Monday. The whistleblower claimed that the company failed to...
Read moreLucid Group Receives Subpoena Over Blank-Check Transaction
The United States Securities and Exchange Commission has subpoenaed documents from Lucid Group Inc. amid an investigation into its blank-check transaction, Reuters reported. In a regulatory filing, Lucid said it...
Read moreElon Musk’s Tesla Stock Sale Tops $10B Mark After Selling $1.01B More Shares
Elon Musk has sold another batch of Tesla shares to meet his tax obligations, according to a report by MarketWatch on Thursday. The Tesla Boss sold 934,091 shares of the...
Read moreDidi Shares Rise on Plans to Delist from NYSE and Potential Hong Kong Debut
Ride-hailing firm Didi Global Inc is set to delist its shares from the New York Stock Exchange (NYSE), according to a report by SeekingAlpha on Thursday. The Company’s board has...
Read moreNuclear-Fusion Startup Raises over $1.8B From Big-Name Investors
Commonwealth Fusion Systems reported it had raised over $1.8B in the biggest private deal for nuclear fusion, according to a report by The Wall Street Journal on Wednesday. Big-name investors...
Read moreNio Deliveries Climb 105% to Mark Fresh Record High
Chinese carmaker Nio Inc. posted triple-digit delivery growth in November to carve a fresh record high, the company announced in a statement. The carmaker recorded 10,878 deliveries for the month,...
Read moreFacebook Owner Meta Directed to Sell Gif Sharing Site Giphy by UK Regulator
UK’s competition regulator directs Facebook owner Meta Platforms to dispose of animated images platform Giphy, according to a report by Reuters on Tuesday. The Competition and Markets Authority (CMA) stated...
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